Lines of Credit

Lines of credit is a flexible way of getting additional operating capital for seasoned businesses. For this type of loan, interest is paid only on the amount of money withdrawn for use. For instance, if a $50,000 line of credit is granted to you and you only withdraw $5,000, the interest you will pay will only be calculated for the amount of $5,000 used.
The rates for lines of credit range from 12.99% to 26.00% APR and are based on the assessment of your business and/or personal credit. To pay back, fixed daily, weekly, bi-weekly or monthly payments are withdrawn directly from your business bank account. Our lines of credit are usually granted for a year, but may be extended afterwards.

We provide lines of credit of up to $100,000 and our APR's are as low as 12.99 %. Credit lines can be used as a flexible working capital to gain advantage of new business opportunities or to cover your unexpected expenses when needed.

Line of Credit

Draw the cash you need directly into your business checking account at any time. Only pay interest on what you draw. Pay back your balance early any time.

Use your line of credit to:

Manage accounts receivable gaps

Take advantage of new opportunities

Manage unexpected expenses

Line of Credit Qualifications and Pricing

Do I qualify?

Companies in business for at least three years

$200,000+ in gross annual revenue

A majority owner with a 600+ personal credit score

What are the rates?

12.99% – 26.00% APR

Your line amount and rate will be based on our assessment of your business along with your business and personal credit

How do I pay back?

Fixed daily, weekly, bi-weekly or monthly payments

Automatically deducted from your business bank account, so you don’t have to worry about missing due dates

Are there any fees?

$20 monthly maintenance fee, which is waived for 6 months if you draw $5,000 or more in the first five days of opening your account